Require some delinquent property tax payments upon lot transfer

Summary

The bill obligates the grantor of a lot or parcel to settle any delinquent taxes, penalties, interest, and special assessments at the time the property is conveyed. The county auditor must apportion the tax lien between the transferred portion and any remaining portion, and the county treasurer collects the payment. Exceptions are made when the state or a political subdivision is a party to the transfer or when the transfer is a deed in lieu of foreclosure.

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